Funding you earn now, next payment 21:00 UTC−0.1373%/8h= −150.4% APRpaid last 24h −0.092%
Price spread now: Bitget against Hyperliquid−0.259%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$260.265% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 7 days+0.218%+$22 · spread now −0.259%, 7d avg −0.065%
=Together, before fees+0.080%+ Points / potential airdropHyperliquid: Season 2 · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and Bitget is 0.194% cheaper against Hyperliquid than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.065%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.138% in total (about -7.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DOGE | 0.1002 | 0.1103 | pay 0.0138% / 1h | 4m 42s | $115.9M | $73.7M | 10x |
| Short | Bitget DOGEUSDT | 0.09995 | −0.0270 | pay 0.0270% / 8h | 3h 04m | $153.9M | $258.8M | 75x |
Hyperliquid DOGE
Bitget DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$288.41
- Price spread: −0.259% → −0.065%
- −$19.42
- Slippage, 4 orders
- −$5.46
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$334.29
- Costs to cover
- 0.265%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Bitget: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 9 min ago | 0.35 bp | 4.9 bp −$5 | 6.7 bp −$67 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.50 bp | 7.8 bp −$8 | 9.4 bp −$94 | 19.7 bp −$1,966 | 49.5 bp −$24.7K |
DOGE on 44 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDTshort | −0.0270% | 8h | 0.09995 | −0.259% | $153.9M | $258.8M | 75x | |
| Kraken Futures PF_DOGEUSD | −0.0035% | 1h | 0.1002 | −0.033% | $6.9M | $30.1M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1001 | −0.113% | $352K | $4.3M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1001 | −0.080% | $626K | $89K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1001 | −0.126% | $33K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0034% | 1h | 0.1001 | −0.138% | $225K | $44K | 10x | as long as short |
| Gate DOGE_USDT | +0.0059% | 8h | 0.1000 | −0.190% | $237.3M | $119.9M | 75x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09982 | −0.389% | $15K | $207K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0094% | 8h | 0.1002 | −0.060% | $857 | $323K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1001 | −0.076% | $822K | $5.0M | 15x | as long as short |
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Gate DOGE_USDT
Phoenix DOGE
Katana Perps DOGE-USD
Lighter DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado DOGE-PERP | +0.0100% | 1h | 0.1001 | −0.075% | $714K | $658K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.130% | $4.9M | $40.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1001 | −0.102% | $343K | $520K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.128% | $321.2M | $1.25B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1000 | −0.170% | $156.9M | $393.0M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1001 | −0.120% | $109.0M | $895.3M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1002 | −0.040% | $28K | $76K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09977 | −0.443% | $382K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1001 | −0.160% | $113.2M | $203.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1001 | −0.140% | $66.2M | $38.6M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1001 | −0.130% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1002 | −0.032% | $1.1M | $7.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1004 | +0.195% | $267K | $109.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1004 | +0.170% | $631K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1004 | +0.190% | $144K | $218K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1001 | −0.100% | $280K | $552K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1001 | −0.130% | $73K | $364K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1001 | −0.136% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1001 | −0.068% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1002 | −0.050% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1002 | −0.021% | $6.0M | $45.7M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.080% | $93.0M | $18.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1001 | −0.126% | $19K | $3K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1001 | −0.159% | $541K | $3.5M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1001 | −0.116% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0144% | 1h | 0.1002 | −0.048% | $529 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0172% | 1h | 0.1001 | −0.062% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1002 | −0.060% | $15.3M | $23.9M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.1002 | −0.030% | $2.0M | $22.2M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0248% | 1h | 0.1001 | −0.125% | $317K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0329% | 1h | 0.1002 | −0.040% | $528K | $807K | 15x | as long as short |
| RISEx DOGE/USDC | +0.0530% | 1h | 0.1002 | −0.037% | $315K | $485K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0892% | 1h | 0.1004 | +0.190% | $5K | $153K | 12x | as long as short |
| Hyperliquid DOGElong | +0.1103% | 1h | 0.1002 | long leg | $115.9M | $73.7M | 10x |
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
RISEx DOGE/USDC
Injective DOGE/USDC PERP